Taste Of Park Ridge
- Assets
- $81.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Park Ridge, IL
- Founding
- 03/2009
- Data as of
- 12/2021
- EIN
- 26-4243224
Organization Overview
Taste Of Park Ridge is located in Park Ridge, IL. The organization was established in 2009. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Taste Of Park Ridge is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Taste Of Park Ridge generated $210.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (60.4%) each year. All expenses for the organization totaled $9.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TASTE OF PARK RIDGE FESTIVAL - A THREE DAY EVENT TO PROMOTE THE PARK RIDGE COMMUNITY AND LOCAL BUSINESSES. DUE TO THE ONGOING COVID-19 PANDEMIC, THE ANNUAL FEST WAS CANCELLED FOR THE 2021 YEAR. THE FEST IS SCHEDULED TO RESUME FOR THE 2022 YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Iglow President | 9.13 | $0 | |
Mark Lundburg Secretary | 9.13 | $0 | |
Mel P Thillens Director | 9.13 | $0 | |
Dean J Patras Treasurer | 9.13 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $210 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $210 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,910 |
| Occupancy, rent, utilities, and maintenance | $2,328 |
| Printing, publications, postage, and shipping | $2,083 |
| Other expenses | $1,821 |
| Total expenses | $9,142 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $81,419 |
| Other assets | $0 |
| Total assets | $81,419 |
| Total liabilities | $6,350 |
| Net assets or fund balances | $75,069 |
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